EU: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in the EU

The EU market for reel fed letterpress printing machinery surged to $X in 2022, with an increase of X% against the previous year. In general, consumption posted a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Reel Fed Letterpress Printing Machinery in the EU

In value terms, reel fed letterpress printing machinery production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a mild slump. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports in the EU

In 2022, the amount of reel fed letterpress printing machinery exported in the European Union surged to X units, increasing by X% against 2021. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, reel fed letterpress printing machinery exports shrank rapidly to $X in 2022. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Italy (X units) was the main exporter of reel fed letterpress printing machinery, making up X% of total exports. France (X units) ranks second in terms of the total exports with a X% share, followed by Estonia (X%), Spain (X%) and Portugal (X%).

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Italy ($X) remains the largest reel fed letterpress printing machinery supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Italy totaled X%. In the other countries, the average annual rates were as follows: Spain (X% per year) and Estonia (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Reel Fed Letterpress Printing Machinery

Imports in the EU

Reel fed letterpress printing machinery imports soared to X units in 2022, picking up by X% on the previous year's figure. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, reel fed letterpress printing machinery imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands prevails in imports structure, recording X units, which was near X% of total imports in 2022. The following importers - Italy (X units), France (X units), Finland (X units), Spain (X units), Portugal (X units) and Belgium (X units) - together made up X% of total imports.

The Netherlands was also the fastest-growing in terms of the reel fed letterpress printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%), Belgium (X%), Spain (X%) and France (X%) displayed positive paces of growth. By contrast, Portugal (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) and Finland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (X p.p.), Portugal (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest reel fed letterpress printing machinery importing markets in the European Union were Italy ($X), France ($X) and Portugal ($X), with a combined X% share of total imports. Spain, the Netherlands, Belgium and Finland lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :